Down Jones Industrial - Corrective Primary Wave 4?

This will be one we will have to dig up a few years from now, but just messing around with a fib calc. for EWT I plugged in primary waves 1 and 2 and got back the three dashed lines as targets. We are suspiciously close to the wave 3 target. It's felt a bit wave three-ey lately...

Time will tell, but $26,000 to $6,000 would be pretty insane to see in our lifetime..

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Hit the yearly pivot and SMA approaching $6k, it could happen...

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If we made some assumptions and confined to a channel, bottom by 2028 and top by 2039?

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Wait, Down Jones, that was an accidental pun

Trade closed: target reached:

Wave 3 target hit.